Foghawk
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mikeak":23g2oqq5 said:
Correct, but the 750 mill is still their money.
Raiders to Las Vegas Falls Apart
- Thread starter RiverDog
- Start date
Correct, but the 750 mill is still their money.
OP
OP
RiverDog
Well-known member
It would appear that at least part of the rub was that Alderson had expectations of becoming at least a part owner of the Raiders and that Davis was not willing to take on a partner. Nevertheless, it's strange that this would all happen so late in the process, just weeks before the owners were going to take up the subject of relocation.
I'm hoping the move happens and I think that they'll eventually get it done, but not this season. It's going to take them awhile to get another investor lined up. Especially with the current political situation going on, it's unlikely that the Raiders will move to Mexico City, and there isn't another domestic market that's ready to step up to the plate.
I'm hoping the move happens and I think that they'll eventually get it done, but not this season. It's going to take them awhile to get another investor lined up. Especially with the current political situation going on, it's unlikely that the Raiders will move to Mexico City, and there isn't another domestic market that's ready to step up to the plate.
Seahawkfan80
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They became the Raiders of the lost arc?? LOL
Our Man in Chicago
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chris98251":3o2xxr6e said:
Absolutely.
Adelson spokesman on withdrawal from stadium project: Raiders were ‘picking his pocket’
By RICHARD N. VELOTTA
LAS VEGAS REVIEW-JOURNAL
From the start, it seemed like a partnership destined to bring the National Football League to Las Vegas.
The Oakland Raiders, one of the iconic franchises in professional sports. The family of casino executive Sheldon Adelson. The Southern Nevada Tourism Infrastructure Committee. Everyone involved with the plan described it as an alignment of the stars that seemed too good to be true.
The Raiders couldn’t secure a new stadium in Oakland. The Adelson family saw an opportunity to invite the NFL to Southern Nevada. A special committee appointed by the governor already was examining infrastructure projects to grow Las Vegas’ tourism economy as well as provide a new home for UNLV football. In 2016, everything was lined up to build a $1.9 billion, 65,000-seat domed stadium near the Strip.
Today, the Adelson family is out of the deal. The stadium’s financing plan suddenly has a $650 million hole and no announced partner to fill it. And the Raiders are six weeks away from a meeting where NFL owners could decide whether the team can move to Las Vegas.
What happened?
That’s a question that even representatives of the Adelson family are still asking.
‘STUNNING’
“It was stunning,” said Andy Abboud, vice president of government relations and community affairs for casino operator Las Vegas Sands Corp. and a spokesman for the family. “It’s still stunning.”
Abboud’s interview with the Review-Journal provided the first comments from either party about stadium development negotiations between the Raiders and the Adelson family. Talks began in October, when Nevada lawmakers and Gov. Brian Sandoval approved an increase in Clark County’s hotel room tax to fund $750 million of the stadium’s construction costs.
Abboud said Raiders executives changed their minds about issues in mid-negotiation, frustrating Adelson’s representatives as talks progressed.
He said the last straw was the Raiders’ decision to take a proposed stadium lease agreement to the Las Vegas Stadium Authority, the public body established to oversee the stadium’s development, without telling or involving the Adelsons. The family had pledged $650 million to the project, and the Raiders had committed $500 million.
Raiders President Marc Badain said by phone Friday that the team would not comment on the negotiations and that he stood by his comments at Thursday’s Las Vegas Stadium Authority board meeting.
At that meeting, Badain, UNLV President Len Jessup and Stadium Authority board chairman Steve Hill spoke glowingly of the Adelsons and said that without their involvement, Las Vegas would not be so close to a new stadium and having its own NFL team.
more
http://www.reviewjournal.com/sports/nfl ... his-pocket
By RICHARD N. VELOTTA
LAS VEGAS REVIEW-JOURNAL
From the start, it seemed like a partnership destined to bring the National Football League to Las Vegas.
The Oakland Raiders, one of the iconic franchises in professional sports. The family of casino executive Sheldon Adelson. The Southern Nevada Tourism Infrastructure Committee. Everyone involved with the plan described it as an alignment of the stars that seemed too good to be true.
The Raiders couldn’t secure a new stadium in Oakland. The Adelson family saw an opportunity to invite the NFL to Southern Nevada. A special committee appointed by the governor already was examining infrastructure projects to grow Las Vegas’ tourism economy as well as provide a new home for UNLV football. In 2016, everything was lined up to build a $1.9 billion, 65,000-seat domed stadium near the Strip.
Today, the Adelson family is out of the deal. The stadium’s financing plan suddenly has a $650 million hole and no announced partner to fill it. And the Raiders are six weeks away from a meeting where NFL owners could decide whether the team can move to Las Vegas.
What happened?
That’s a question that even representatives of the Adelson family are still asking.
‘STUNNING’
“It was stunning,” said Andy Abboud, vice president of government relations and community affairs for casino operator Las Vegas Sands Corp. and a spokesman for the family. “It’s still stunning.”
Abboud’s interview with the Review-Journal provided the first comments from either party about stadium development negotiations between the Raiders and the Adelson family. Talks began in October, when Nevada lawmakers and Gov. Brian Sandoval approved an increase in Clark County’s hotel room tax to fund $750 million of the stadium’s construction costs.
Abboud said Raiders executives changed their minds about issues in mid-negotiation, frustrating Adelson’s representatives as talks progressed.
He said the last straw was the Raiders’ decision to take a proposed stadium lease agreement to the Las Vegas Stadium Authority, the public body established to oversee the stadium’s development, without telling or involving the Adelsons. The family had pledged $650 million to the project, and the Raiders had committed $500 million.
Raiders President Marc Badain said by phone Friday that the team would not comment on the negotiations and that he stood by his comments at Thursday’s Las Vegas Stadium Authority board meeting.
At that meeting, Badain, UNLV President Len Jessup and Stadium Authority board chairman Steve Hill spoke glowingly of the Adelsons and said that without their involvement, Las Vegas would not be so close to a new stadium and having its own NFL team.
more
http://www.reviewjournal.com/sports/nfl ... his-pocket
West TX Hawk
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Anyone know if there's been any serious mutual interest with the Raiders and San Antonio/Austin? Would they reconsider now? That's a huge market in central TX and I bet they would support them with a new facility.
